ThomasRiddleGroup

ThomasRiddleGroup

Not Enough Homes for Sale in New Albany, Ohio!

Hard to believe but true… There are simply not enough homes available for sale in the New Albany Plain Local School District. New Albany real estate inventory levels are at record lows – off almost 40% from this time last year. Prices are stabilizing and buyers are looking. I have to say, if you’ve been on the fence about selling, this would be the time to get your New Albany home on the market.

Hard to believe but true…

There are simply not enough homes available for sale in the New Albany Plain Local School District.  New Albany real estate inventory levels are at record lows – off almost 40% from this time last year.  Prices are stabilizing and buyers are looking.  I have to say, if you’ve been on the fence about selling, this would be the time to get your New Albany home on the market.

 Low Inventory in all Neighborhoods

Consider the following figures which point out how low the inventory is in each neighborhood we regularly track:

Neighborhood # Homes
For Sale
Total Homes In
Neighborhood 
 % to
 Total
The Preserve 9 609 1.5%
Albany Park 3 193 1.5%
Windsor 2 156 1.3%
Hampsted Village 16 675 2.3%
New Albany Links* 21 495 4.2%
New Albany Country Club 66 1094 6.0%
Total 117 3222 3.6%

At the peak of the market we often had 10% of the total number of homes in a neighborhood on the market.  Don’t delay if you, or someone you know is interested in selling their home.  The spring market has begun!  Contact Kate or Tony at 614-939-1234 or katet@newalbanyrealty.com to discuss potential marketing and pricing strategies for your New Albany home in this current market.

*Includes Upper Clarenton. **Data is obtained from the Columbus Board of Realtors MLS and may not include all activity in the real estate market.

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